The company, which today launched a new limited edition of its hatchback Kwid in association with Marvel, would also keep on rolling out models with conventional engines in segments where it is not present.

With battery prices on a decline, use of electric vehicles for commercial applications is likely to become economically viable in the next five years, Goenka said, speaking at the ETAuto EV Conclave on Friday.

The company has cut price of its hatchback Kwid Climber AMT between Rs 5,200 to Rs 29,500, SUV Duster RXZ AWD between Rs 30,400 to Rs 1,04,700 and that of Lodgy Stepway RXZ between Rs 25,700 to 88,600.

Renault Kwid RXL 1.0L SCe variant in manual transmission is priced at an introductory price of Rs 3.54 lakh, while the new KWID RXL AMT variant is priced at an introductory price of Rs 3.84 lakh (Ex-Delhi).

As many as five global carmakers have named or are in the process of naming Indians or Indian origin executives to lead their show in India, an indication of their increasing reliance on the more rooted local talent.

The Union Budget continues to be a centerpiece of economic policy as it puts in place the architecture for a new Indian economy. It is the most awaited announcement of the year that paves the path to stimulate the growth prospects with significant policy announcements related to reforming the tax system, improving infrastructure, agricultural boost, manufacturing output and generating employment. With a stable interest rate regime and control over inflation, fiscal deficit and current account Read more..